{"id":10891,"date":"2023-12-08T13:34:41","date_gmt":"2023-12-08T13:34:41","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=10891"},"modified":"2023-12-09T12:58:57","modified_gmt":"2023-12-09T12:58:57","slug":"president-museveni-assures-investors-of-ready-market-for-locally-made-lithium-car-batteries","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/president-museveni-assures-investors-of-ready-market-for-locally-made-lithium-car-batteries\/","title":{"rendered":"President Museveni assures investors of ready market for locally made lithium car batteries\u00a0"},"content":{"rendered":"\n<p>President Yoweri Kaguta Museveni has today met a group of investors from Strand Hanson Limited, a London based company at State House \u2013 Entebbe.<\/p>\n\n\n\n<p> President Museveni accepted their proposal of mining lithium in Ntungamo district that shall be used to locally manufacture electric car batteries. Already Uganda is one of a few African countries producing  electric buses and motorbikes with the country&#8217;s automakers Kiira Motors Corporation taking the lead. <\/p>\n\n\n\n<p>Museveni informed  the investors that Uganda is currently making electric vehicles through Kiira Motors  but still importing batteries, citing that this is causing unnecessary additional costs for the country. He  assured the investors of a ready market for the lithium batteries.<\/p>\n\n\n\n<p>\u201cI welcome you and support you, please go ahead and make the batteries. We can link you up with Kiira Motors which is making our electric vehicles to buy the batteries from you,\u201d President Museveni said.<\/p>\n\n\n\n<p>The President also assured the investors that the mining license shall be processed for them as soon as possible so that the mining process of lithium can commence.<\/p>\n\n\n\n<p>\u201cThe Ministry of Energy and Mineral Development will process for you the mining license. I want you to link the mining with the processing,\u201d he said.<\/p>\n\n\n\n<p>Through a partnership with a locally based versatile mining and laboratories company, the investors will mine lithium and manufacture the electric batteries.<\/p>\n\n\n\n<p>Mr. Johnny Kirkl, a representative of Strand Hanson Limited, told the President that the mining site has already been identified in Ntungamo and it is only the mining license remaining to kick off the project.<\/p>\n\n\n\n<p>\u201cI want to look at the possibility with your permission of opening up a factory to manufacture batteries instead of taking lithium out of the country. We should export the batteries after being produced here,\u201d he said.<\/p>\n\n\n\n<p>Editor:msserwanga@gmail.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Yoweri Kaguta Museveni has today met a group of investors from Strand Hanson Limited, a London based company at<\/p>\n","protected":false},"author":1,"featured_media":10893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[168],"tags":[],"class_list":["post-10891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/12\/Screenshot_20231207_211725_Gmail-750x375-1-1.jpg","jetpack-related-posts":[{"id":6699,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-rallies-ugandan-e-mobility-companies-to-produce-electric-buses-for-public-transport-and-manufactor-lithium-ion-batteries-locally\/","url_meta":{"origin":10891,"position":0},"title":"PRESIDENT MUSEVENI RALLIES UGANDAN E- MOBILITY COMPANIES TO PRODUCE ELECTRIC BUSES FOR PUBLIC TRANSPORT AND MANUFACTOR LITHIUM -ION BATTERIES LOCALLY","author":"UgandaUpdate","date":"September 21, 2022","format":false,"excerpt":"By Our Entebbe Correspodent President Museveni has vowed that nothing will stop\u00a0 a group of Ugandan innovators and manufacturers to \u00a0spearhead Uganda\u2019s transition\u00a0from \u00a0fossil fuels to E-mobility to reduce pollution and offer an organized -cheap transport solution for Kampala city and other urban centers. The President said that the move\u2026","rel":"","context":"In &quot;E-mobility&quot;","block_context":{"text":"E-mobility","link":"https:\/\/prowebinhost.com\/anzu\/category\/e-mobility\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/IMG-20220920-WA0284.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/IMG-20220920-WA0284.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/IMG-20220920-WA0284.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/09\/IMG-20220920-WA0284.jpg 2x"},"classes":[]},{"id":6336,"url":"https:\/\/prowebinhost.com\/anzu\/kiira-motors-and-luweero-industries-ltd-carry-out-pre-delivery-inspection-with-tondeka-for-five-buses-built-in-nakasongola\/","url_meta":{"origin":10891,"position":1},"title":"KIIRA MOTORS AND LUWEERO INDUSTRIES LTD CARRY OUT PRE-DELIVERY INSPECTION WITH TONDEKA FOR FIVE BUSES BUILT IN NAKASONGOLA","author":"UgandaUpdate","date":"August 6, 2022","format":false,"excerpt":"By Our Reporter Uganda\u2019s automakers Kiira Motors Corporation LTD (KMC) together with Luweero Industries limited have carried out pre delivery inspection with Tondeka Bus Operators \u00a0for 5 buses built in \u00a0Nakasongola. The function was officiated by Hon Dr. Monica \u00a0Musenero and attended by stakeholders from Ministry of Works and Transport\u2026","rel":"","context":"In &quot;Innovation&quot;","block_context":{"text":"Innovation","link":"https:\/\/prowebinhost.com\/anzu\/category\/innovation\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/08\/km-.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/08\/km-.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/08\/km-.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/08\/km-.jpg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/08\/km-.jpg 3x"},"classes":[]},{"id":7860,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-says-government-will-promote-the-use-of-electric-motorcycles-in-the-new-year-2023\/","url_meta":{"origin":10891,"position":2},"title":"President Museveni says government will promote the use of electric motorcycles and buses in the new year 2023","author":"UgandaUpdate","date":"January 1, 2023","format":false,"excerpt":"President Yoweri Museveni has said that government has got investors who are interested in swapping fuel engine boda bodas with electric motorcycles to mitigate the effects of the high fuel prices and also reduce pollution in Kampala city and other urban centers . In his new address to the nation\u2026","rel":"","context":"In &quot;National News&quot;","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/1545042160603602-2.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/1545042160603602-2.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/1545042160603602-2.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/01\/1545042160603602-2.jpg 2x"},"classes":[]},{"id":7080,"url":"https:\/\/prowebinhost.com\/anzu\/museveni-meets-uaes-one-mobility-investors-asks-them-to-work-with-kiira-motors-to-produce-buses-for-mass-public-transport-system\/","url_meta":{"origin":10891,"position":3},"title":"Museveni meets UAE&#8217;s One Mobility Investors, asks them to work with Kiira Motors to produce buses for mass public transport system","author":"UgandaUpdate","date":"October 29, 2022","format":false,"excerpt":"President Yoweri Museveni has has met a delegation from the One Mobility Group based in the United Arab Emirates (UAE)-and asked them to partner with Uganda's Automotive Industry flagship-Kiira Motors Corporation to produce buses locally to improve the mass public transport system in Kampala. One Mobility Group is a multi-\u2026","rel":"","context":"In &quot;National News&quot;","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/m7-1.webp","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/m7-1.webp 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/m7-1.webp 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/m7-1.webp 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/10\/m7-1.webp 3x"},"classes":[]},{"id":1681,"url":"https:\/\/prowebinhost.com\/anzu\/museveni-endorsed-for-2021-presidential-elections-says-uganda-will-phase-out-importation-of-buses\/","url_meta":{"origin":10891,"position":4},"title":"MUSEVENI ENDORSED FOR 2021 PRESIDENTIAL ELECTIONS SAYS UGANDA WILL PHASE OUT IMPORTATION OF BUSES","author":"MOSES SSERWANGA","date":"August 19, 2020","format":false,"excerpt":"By Our Special Correspondent Uganda will\u00a0 no-longer\u00a0 import fully built buses in a bold move to bolster the country\u2019s nascent automotive industry , \u00a0\u00a0President Yoweri Museveni has announced. While launching the 3-day National Resistance Movement (NRM) National Executive Committee (NEC) and delegates - virtual conference at State House in Entebbe,\u2026","rel":"","context":"In &quot;Party Politics&quot;","block_context":{"text":"Party Politics","link":"https:\/\/prowebinhost.com\/anzu\/category\/party-politics\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 2x"},"classes":[]},{"id":6233,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-hails-caa-for-embracing-e-mobility-by-deploying-kiira-motors-kayoola-electric-buses\/","url_meta":{"origin":10891,"position":5},"title":"President Museveni hails CAA for embracing e-mobility by deploying Kiira Motors\u2019 Kayoola electric buses","author":"UgandaUpdate","date":"July 21, 2022","format":false,"excerpt":"President Yoweri Museveni \u00a0has called for a speedy switch from\u00a0 Internal Combustion Engine (ICE) to electric vehicles to cope with the escalating \u00a0global fuel prices . President Museveni once against argued against subsiding \u00a0fuel and other commodity prices saying it would be suicidal for government to\u00a0slash taxes in mitigation for\u2026","rel":"","context":"In &quot;National News&quot;","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/07\/m7-1.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/07\/m7-1.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2022\/07\/m7-1.jpg 1.5x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pc0aOV-2PF","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/comments?post=10891"}],"version-history":[{"count":3,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10891\/revisions"}],"predecessor-version":[{"id":10897,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/posts\/10891\/revisions\/10897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media\/10893"}],"wp:attachment":[{"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/media?parent=10891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/categories?post=10891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prowebinhost.com\/anzu\/wp-json\/wp\/v2\/tags?post=10891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}